Daily Markets Briefing: STI up 1%

Instead, it will not be surprising to see short-term traders taking profit soon, especially after the STI surged more than 1.1% yesterday; this after overcoming the 3460 key resistance a few sessions back.

However, we deem the correction to be healthy.

For now, we are pegging the immediate base at the 3460 newly established resistance-turned-support. On the upside, the immediate key hurdle lies at the 3600 psychological level.

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